The Game with Alex Hormozi They Lied. You Don't Need Money To Make Money | Ep 832
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Feb 5, 2025 Explore innovative strategies for wealth generation that defy traditional financial norms. Learn how to boost business growth without heavy investments by enhancing sales and leveraging creative financing options. Discover unique ways to earn income without upfront costs, such as property leasing and market arbitrage. The discussion emphasizes skills over money, illustrating how to identify undervalued assets for profitable opportunities. It's a refreshing take that invites you to rethink your approach to making money.
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Money vs. Skills
- You don't need money to make money, you need skills.
- Wealthy people see business as a game of providing value.
Leveraging Assets
- Borrow money to buy an asset, then have someone else pay it back.
- Find undervalued assets and get seller financing or bank loans.
Commission and Contracts
- Sell expensive items or services on commission to avoid owning assets.
- Find undervalued opportunities and sell the contract for a profit.